Pub. L. 119-60, div. H, tit. LXXXVII, subtit. D, sec. 8757 (as amended)

NOTIFICATIONS TO BE PROVIDED BY THE CORPORATION.

Year: 2025Length: 168 wordsOfficial source
SEC. 8757. NOTIFICATIONS TO BE PROVIDED BY THE CORPORATION. Section 1446 of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9656) is amended— (1) in subsection (a), by striking “$10,000,000” and inserting “$20,000,000”; and (2) in subsection (b)— (A) in paragraph (2), by striking “; and” and inserting a semicolon; (B) in paragraph (3)— (i) by inserting “the Corporation’s impact quotient outlining” after “asset and”; and (ii) by striking the period at the end and inserting “; and”; and (C) by adding at the end the following: “(4)(A) information relating to whether the Corporation has accepted a creditor status that is subordinate to that of other creditors in the project, activity, or asset; and “(B) for all projects, activities, or assets that the Corporation has accepted a creditor status that is subordinate to that of other creditors the Corporation shall include a description of the substantive policy rationale required by section 1422(b)(12) that influenced the decision to accept such a creditor status.” .
Pub. L. 119-60, div. H, tit. LXXXVII, subtit. D, sec. 8757 (as amended): NOTIFICATIONS TO BE PROVIDED BY THE CORPORATION. | Justis AI